September 17, 2021
The High Court (Deputy ICC Judge Baister) has handed down a judgment concerning the application of the “Coronavirus Test” to winding up petitions.
In Re A Company, the Court dismissed the petition on the basis that the “Coronavirus Test” was not satisfied in a decision which highlights the risks run by petitioning creditors who elect to present winding up petitions under the current temporary rules, even where the petition debt is undisputed.
Nicholas Wright acted for the successful Respondent company. Click here to read the full judgement.